International

Grupo Ortiz in Guatemala

Thanks to the revival of the construction industry, recent energy developments in the country; as well as Government support and the formation of a National Energy Commission, Grupo Ortiz has started operating in Guatemala in 2014.

At the end of the year 2012, ORTIZ ENERGIA participates ENERGUATE for the recruitment of 600MW public tendering process PPA contract to 15 years, participating GRUPO ORTIZ as technical partner for a project of 50 MW of photovoltaic Solar energy, which at the beginning of 2013 won the tender and signed the contract at the beginning of 2014 under EPC mode for the construction of such photovoltaic project.

In March 2014, Grupo Ortiz began work with an execution period of 11 months, and its subsequent period of Operation and maintenance (O & M), three years extendable. This photovoltaic Plant was opened in febrery 2015.

A second photovoltaic plant, "Horus II" is also opened in June 2015.

Forecasts point to an important development in this country, as the Guatemalan Chamber of Construction estimates growth in the energy sector of more than 4% increased 4%. Measures to atract foreign capital are being taken.